| (in millions of USD, except per-share data) | Q1 FY 26 | Q4 FY 25 | Q3 FY 25 | Q2 FY 25 | Q1 FY 25 | Q4 FY 24 | Q3 FY 24 | Q2 FY 24 | Q1 FY 24 | Q4 FY 23 | Q3 FY 23 | Q2 FY 23 | Q1 FY 23 | Q4 FY 22 | Q3 FY 22 | Q2 FY 22 | Q1 FY 22 | Q4 FY 21 | Q3 FY 21 | Q2 FY 21 | Q1 FY 21 | Q4 FY 20 | Q3 FY 20 | Q2 FY 20 | Q1 FY 20 | Q4 FY 19 | Q3 FY 19 | Q2 FY 19 | Q1 FY 19 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 56.4 | 7.4 | 4.7 | 5.5 | 28.3 | 170.6 | 4.7 | 4.2 | 255.0 | 60.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.9 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||
| Revenues | 74.1 | 46.0 | 434.4 | 60.0 | 26.6 | 27.4 | 28.6 | 0.2 | 30.9 | 20.1 | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||
| Research & Development | 170.1 | 159.3 | 138.1 | 120.2 | 126.2 | 126.0 | 74.5 | 65.0 | 59.5 | 46.2 | 25.7 | 11.8 | 7.5 |
| Selling General & Administrative | |||||||||||||
| Operating Income | |||||||||||||
| Operating Income | (142.5) | (158.1) | 252.8 | (93.7) | (131.4) | (125.8) | (64.5) | (80.5) | (42.3) | (37.9) | (32.7) | (14.8) | (9.3) |
| Non-Operating | |||||||||||||
| Interest Income | 27.1 | 28.8 | 26.3 | 14.9 | 4.1 | 0.4 | 0.9 | 2.8 | 2.6 | 0.9 | 0.2 | 0.0 | 0.0 |
| Interest Expense | - | ||||||||||||
| Tax & Net | |||||||||||||
| Income Tax Expense | (0.7) | 0.8 | 4.2 | 0.0 | 0.0 | 0.0 | 1.3 | (0.7) | (0.8) | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | |||||||||||||
| Per Share | |||||||||||||
| EPS Basic | (1.76) | (2.05) | 4.47 | (1.39) | (2.60) | (2.71) | (1.92) | - | - | - | - | - | - |
| EPS Diluted | (1.63) | ||||||||||||
| Supplementary Data | |||||||||||||
| EBITDA | - | (156.8) | 253.7 | (92.7) | (130.3) | (125.0) | (63.6) | (79.8) | (41.7) | (37.5) | (32.3) | (14.5) | (9.1) |
| EBIT | (142.5) | ||||||||||||
| 25.7 |
| 8.6 |
| 10.3 |
| 2.3 |
| 6.2 |
| - |
| 13.1 |
| - |
| - |
| - |
| - |
| - |
| 1.6 |
| - |
| 6.1 |
| - |
| 10.8 |
| - |
| 8.8 |
| - |
| - |
| - |
| 0.0 |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 46.7 | 46.4 | 40.0 | 37.0 | 35.9 | 34.9 | 36.0 | 33.5 | 33.7 | 28.9 | 30.7 | 33.2 | 27.4 | 29.9 | 25.4 | 34.6 | 36.3 | 38.4 | 37.0 | 26.4 | 24.2 | 19.5 | 16.0 | 20.3 | 18.8 | 15.9 | 17.3 | 19.4 | 12.4 | 14.2 | 12.1 | 17.7 | 15.4 | 11.7 | 11.2 | 12.0 | 11.3 | 8.8 | 5.6 | 5.7 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 13.3 | 11.4 | 11.1 | 10.6 | 11.7 | 9.0 | 10.2 | 9.4 | 14.9 | 8.1 | 7.7 | 9.2 | 8.6 | 6.6 | 6.9 | 7.7 | 10.5 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.4 | - | - | - | 0.2 | - | - | - | 0.2 | - | - | - | 0.2 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 60.0 | 57.8 | 51.1 | 47.6 | 47.6 | 43.9 | 46.1 | 43.0 | 48.6 | 37.0 | 38.3 | 42.4 | 36.0 | 36.5 | 32.3 | 42.3 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (3.6) | (50.4) | (46.4) | (42.0) | (19.3) | 126.8 | (41.5) | (38.8) | 206.3 | 23.0 | (38.3) | (42.4) | (36.0) | (36.5) | (32.3) | (41.4) | (21.1) | (37.0) | (33.9) | (30.9) | (24.0) | (18.8) | (7.8) | (18.2) | (19.7) | (17.3) | (17.2) | (31.4) | (14.6) | (15.4) | (9.4) | (9.2) | (8.2) | (3.5) | (5.0) | (15.1) | (14.3) | (11.4) | (7.1) | (7.1) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | 5.9 | 6.8 | 7.0 | 7.4 | 7.6 | 6.9 | 7.7 | 7.4 | 4.4 | 4.2 | 4.3 | 3.9 | 2.5 | 2.3 | 1.2 | 0.5 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.5 | 0.7 | 0.8 | 0.6 | 0.7 | 0.8 | 0.7 | 0.6 | 0.6 | 0.5 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 0.1 | (0.1) | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | (0.0) | 0.0 | (0.0) | (0.0) | (0.2) | 0.1 | (0.1) | (0.1) | 0.0 | |||||||||||||||||||||||
| Pre-Tax Income | 2.3 | (43.7) | (39.3) | (34.6) | (11.7) | 133.7 | (33.6) | (31.3) | 210.7 | 27.3 | (34.1) | (38.5) | (33.7) | - | - | - | ||||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | (1.5) | 0.7 | 0.0 | 0.2 | 0.0 | 2.0 | (0.4) | (0.7) | 3.3 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.1 | 0.2 | 0.9 | (0.1) | (1.6) | 0.2 | (0.8) | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | 3.8 | (44.4) | (39.3) | (34.8) | (11.7) | 131.7 | (33.2) | (30.6) | 207.3 | 27.3 | (34.1) | (38.5) | (33.7) | (34.2) | (31.2) | (41.0) | (20.9) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | 3.8 | (44.4) | (39.3) | (34.8) | (11.7) | 131.7 | (33.2) | (30.6) | 207.3 | 27.3 | (34.1) | (38.5) | (33.7) | (34.2) | (31.2) | (41.0) | (20.9) | |||||||||||||||||||||||
| Net Income Attributable To Parent | 3.8 | (44.4) | (39.3) | (34.8) | (11.7) | 131.7 | (33.2) | (30.6) | 207.3 | 27.3 | (34.1) | (38.5) | (33.7) | (34.2) | (31.2) | (41.0) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | 3.8 | (44.4) | (39.3) | (34.8) | (11.7) | 131.7 | (33.2) | (30.6) | 207.3 | 27.3 | (34.1) | (38.5) | (33.7) | (34.2) | (31.2) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | 0.06 | - | (0.62) | (0.55) | (0.19) | - | (0.54) | (0.50) | 3.41 | - | (0.58) | (0.68) | (0.67) | - | (0.64) | (0.84) | (0.43) | - | (0.70) | (0.69) | (0.54) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | 0.05 | - | (0.62) | (0.55) | (0.19) | - | (0.54) | (0.50) | 3.26 | - | (0.58) | (0.68) | (0.67) | - | (0.64) | (0.84) | (0.43) | - | ||||||||||||||||||||||
| Shares Basic | 65.1 | - | 63.8 | 63.5 | 63.0 | - | 61.8 | 61.3 | 60.9 | - | 59.2 | 56.8 | 50.6 | - | 49.1 | 49.0 | 48.8 | - | ||||||||||||||||||||||
| Shares Diluted | 70.5 | - | 63.8 | 63.5 | 63.0 | - | 61.8 | 61.3 | 63.6 | - | 59.2 | 56.8 | 50.6 | - | 49.1 | 49.0 | 48.8 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (3.2) | - | - | - | (19.1) | - | - | - | 206.5 | - | - | - | (35.8) | - | - | - | (20.9) | - | - | - | (23.8) | - | - | - | (19.5) | - | - | - | (14.5) | - | - | - | (8.2) | - | - | - | (14.2) | - | - | - |
| EBIT | (3.6) | (50.4) | (46.4) | (42.0) | (19.3) | 126.8 | (41.5) | (38.8) | 206.3 | 23.0 | (38.3) | (42.4) | (36.0) | (36.5) | (32.3) | (41.4) | (21.1) | (37.0) | (33.9) | |||||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 46.4 | 44.9 | 43.5 | 33.5 | 31.7 | 27.2 | 18.6 | 15.7 | 13.7 | 11.8 | 7.0 | 3.0 | 1.9 |
| Depreciation & Amortization | - | 1.3 | 0.8 | 1.0 | 1.0 | 0.8 | 0.9 | 0.7 | 0.5 | 0.4 | 0.3 | 0.2 | 0.3 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 216.5 | 204.1 | 181.6 | 153.7 | 158.0 | 153.2 | 93.1 | 80.8 | 73.2 | 58.0 | 32.7 | 14.8 | 9.3 |
| - |
| - |
| - |
| - |
| - |
| 0.6 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.0) | 0.0 | 0.3 | (0.2) | (0.1) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | - | - |
| Pre-Tax Income | (115.4) | (129.3) | 279.4 | (79.0) | (127.4) | (125.6) | (64.8) | (77.9) | (39.7) | (37.0) | (37.2) | (14.9) | - |
| (114.7) |
| (130.1) |
| 275.2 |
| (79.0) |
| (127.4) |
| (125.6) |
| (66.2) |
| (77.2) |
| (38.9) |
| (37.0) |
| (37.2) |
| (14.9) |
| (11.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (114.7) | (130.1) | 275.2 | (79.0) | (127.4) | (125.6) | (66.2) | (77.2) | (38.9) | (37.0) | (37.2) | (14.9) | (11.1) |
| Net Income Attributable To Parent | (114.7) | (130.1) | 275.2 | (79.0) | (127.4) | (125.6) | (66.2) | (77.2) | (38.9) | (37.0) | (37.2) | (14.9) | (11.1) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (114.7) | (130.1) | 275.2 | (79.0) | (127.4) | (125.6) | (66.2) | (77.2) | (38.9) | (37.0) | (37.7) | (14.9) | (11.2) |
| (2.05) |
| 4.23 |
| (1.39) |
| (2.60) |
| (2.71) |
| (1.92) |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 65.1 | 63.6 | 61.6 | 56.8 | 49.0 | 46.3 | 34.4 | - | - | - | - | - | - |
| Shares Diluted | 70.5 | 63.6 | 65.1 | 56.8 | 49.0 | 46.3 | 34.4 | - | - | - | - | - | - |
| (158.1) |
| 252.8 |
| (93.7) |
| (131.4) |
| (125.8) |
| (64.5) |
| (80.5) |
| (42.3) |
| (37.9) |
| (32.7) |
| (14.8) |
| (9.3) |
| - |
| - |
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| 7.3 |
| 7.3 |
| 6.7 |
| 6.0 |
| 5.0 |
| 4.9 |
| 4.2 |
| 4.6 |
| 4.1 |
| 4.0 |
| 3.9 |
| 3.8 |
| 3.5 |
| 3.4 |
| 3.2 |
| 3.6 |
| 3.1 |
| 2.6 |
| 3.1 |
| 3.0 |
| 2.6 |
| 1.6 |
| 1.4 |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
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| - |
| - |
| - |
| - |
| - |
| - |
| 46.8 |
| 45.6 |
| 44.2 |
| 33.1 |
| 30.2 |
| 24.5 |
| 20.9 |
| 24.4 |
| 23.3 |
| 20.0 |
| 21.3 |
| 23.2 |
| 16.2 |
| 17.8 |
| 15.5 |
| 20.9 |
| 19.0 |
| 14.8 |
| 13.8 |
| 15.1 |
| 14.3 |
| 11.4 |
| 7.1 |
| 7.1 |
| - |
| - |
| - |
| 0.1 |
| 0.0 |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
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| - |
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| - |
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| - |
| - |
| - |
| - |
| - |
| (0.1) |
| (0.1) |
| (0.0) |
| (0.1) |
| 0.5 |
| (0.5) |
| 0.1 |
| (0.1) |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| 0.0 |
| (0.0) |
| - |
| (36.9) |
| (33.8) |
| (30.8) |
| (24.0) |
| (18.9) |
| (7.8) |
| (18.3) |
| (19.9) |
| (16.6) |
| (16.5) |
| (30.8) |
| (13.9) |
| (14.7) |
| (8.7) |
| (8.7) |
| (7.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (36.9) |
| (33.8) |
| (30.8) |
| (24.0) |
| (18.9) |
| (7.8) |
| (19.4) |
| (20.1) |
| (17.5) |
| (16.4) |
| (29.2) |
| (14.1) |
| (13.9) |
| (8.7) |
| (8.7) |
| (7.7) |
| (3.1) |
| (4.8) |
| (15.0) |
| (14.1) |
| (11.2) |
| (7.1) |
| (7.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (36.9) |
| (33.8) |
| (30.8) |
| (24.0) |
| (18.9) |
| (7.8) |
| (19.4) |
| (20.1) |
| (17.5) |
| (16.4) |
| (29.2) |
| (14.1) |
| (13.9) |
| (8.7) |
| (8.7) |
| (7.7) |
| (3.1) |
| (4.8) |
| (15.0) |
| (14.1) |
| (11.2) |
| (7.1) |
| (7.1) |
| (20.9) |
| (36.9) |
| (33.8) |
| (30.8) |
| (24.0) |
| (18.9) |
| (7.8) |
| (19.4) |
| (20.1) |
| (17.5) |
| (16.4) |
| (29.2) |
| (14.1) |
| (13.9) |
| (8.7) |
| (8.7) |
| (7.7) |
| (3.1) |
| (4.8) |
| (15.0) |
| (14.1) |
| (11.2) |
| (7.1) |
| (7.1) |
| - |
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| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (41.0) |
| (20.9) |
| (36.9) |
| (33.8) |
| (30.8) |
| (24.0) |
| (18.9) |
| (7.8) |
| (19.4) |
| (20.1) |
| (17.5) |
| (16.4) |
| (29.2) |
| (14.1) |
| (13.9) |
| (8.7) |
| (8.7) |
| (7.7) |
| (3.1) |
| (4.8) |
| (15.0) |
| (14.1) |
| (11.2) |
| (7.4) |
| (7.3) |
| (0.70) |
| (0.69) |
| (0.54) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 48.0 |
| 44.9 |
| 44.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 48.0 |
| 44.9 |
| 44.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (30.9) |
| (24.0) |
| (18.8) |
| (7.8) |
| (18.2) |
| (19.7) |
| (17.3) |
| (17.2) |
| (31.4) |
| (14.6) |
| (15.4) |
| (9.4) |
| (9.2) |
| (8.2) |
| (3.5) |
| (5.0) |
| (15.1) |
| (14.3) |
| (11.4) |
| (7.1) |
| (7.1) |